Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal

Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal

Equity
Direct
Large-Cap

NAV: ₹ 52 as on 30-09-2022

Fund Performance
zero opening, trading, fund transfer fee
59 people have invested ₹ 2.7L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-2.3%
8.8%
0%
-1.9%
15.8%
12.5%
Benchmark
-2.7%
9.5%
-2.5%
-1.9%
14.9%
11.4%
Category
-4.4%
-10.4%
-9.8%
0%
10.5%
10.3%
About the Fund

Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Gaurav Misra, Gaurav Khandelwal. The fund could potentially beat inflation in the long-run.

Key parameters

1) Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal has a NAV of 52.028 as on 30-09-2022.

2) Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal has 33747 Cr worth of assets under management (AUM) as on 31-08-2022 and is more than category average.

3) The fund has an expense ratio 0.49 %.

Fund Overview

Expense ratio
Expense ratio
0.49%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹33747 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
20.42%

Fund Distribution

  • Equity 99.2%
  • Debt & Cash 0.8%
Size breakup
Large cap
83.4%
Mid cap
13%
Small cap
2.8%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

37.1%

Tech

12.9%

Consumer Cyclical

9.1%

Energy

8.3%

Health

7.8%

Industrial

7.8%

Consumer Defensive

6.2%

Basic Materials

5.7%

Communication

3.8%

Utilities

1.2%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings63
Equity Holdings62
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 833.2 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 33.7K Cr
Jul'22
₹ 32.9K Cr
Jun'22
₹ 30.3K Cr

Fund Returns vs Benchmark

Aug'22
8.13%
9.26%
Jul'22
8.13%
9.26%
Jun'22
-4.33%
-4.55%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
63
67
67
Top 5 Company Concentration
38.1%
37.7%
37.5%
Company having highest exposure
HDFC Bank Ltd (9.8%)
ICICI Bank Ltd (9.5%)
HDFC Bank Ltd (9.5%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
74.7%
73.9%
74.3%
Sector having highest exposure
Financial Services (36.8%)
Financial Services (36.8%)
Financial Services (35.8%)

Fund Manager

Gaurav Misra

Gaurav Misra

Managing this fund since 31 January 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Large Cap Fund Direct Plan Growth
16.04%
14.14%
Mirae Asset Focused Fund Direct Growth
19.87%
15.51%
Gaurav Khandelwal

Gaurav Khandelwal

Managing this fund since 18 October 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Large Cap Fund Direct Plan Growth
16.04%
14.14%

AMC details

Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.49% since inception which is more than its category average return of 11.97%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.23% in Equity, 0% in Debt and 0.76% in Cash related instruments
AUM size ₹33747 Cr

AUM size ₹33747 Cr

This fund has AUM of ₹33747 Cr which is more than its category average of ₹ 4753 Cr
Expense Ratio 0.49%

Expense Ratio 0.49%

This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 1.42%

Frequently Asked Questions

The current NAV of Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is 52.03.
Existing (Absolute + CAGR)
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
-2.29%
-2.29%
6 Month Returns
0.04%
0.04%
1 Year Returns
-1.92%
-1.92%
3 Years Returns
55.12%
15.76%
5 Years Returns
80.6%
12.55%
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0.49 as on September 2022
33747 Cr as on September 2022
HDFC Bank Ltd(9.83%),ICICI Bank Ltd(9.59%),Infosys Ltd(7.14%),Reliance Industries Ltd(7.09%),Axis Bank Ltd(4.41%) as on September 2022
Financial Services(36.83%),Tech(12.76%),Consumer Cyclical(9.07%) as on September 2022
The alpha ratio for the Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
-2.22
-0.36
-0.13
As on month end.
The alpha for Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
0.91
0.97
0.96
As on month end.
The Beta for Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
0
0.7
0.48
As on month end.
The sharpe ratio for Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
13.26
21.4
18.53
As on month end.
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
0.99
Gaurav Misra,Gaurav Khandelwal are the fund managers of Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
The Exit load of Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is 1%